Initial Jobless Claims Fall 11,000 for Week

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he number of workers filing initial unemployment claims fell by 11,000 last week to 302,000 last week, the Labor Department reported Thursday.

That was below economists’ predictions of a fall to 305,000 claims from a previously reported 309,000, Bloomberg reported.

The four-week moving average of claims, a less volatile measure, rose to 303,500, from 297,500.

ontinuing jobless claims for the previous week ended March 11 rose to 2.472 million from a five year low of 2.434 million the week prior to that.

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